Core systems implementation

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Core systems implementation

250+

Projects

100+

Financial groups
as customers

Countries where
we delivered value

Thanks to over 250 projects for 100 customers in 30 countries, we have learnt the processes, products and local specificities in different markets.

We are proud to always deliver, owing to our experience, accumulated knowledge and unique expertise, which maximise business value, lower TCO and ensure project success.

We have developed a set of tools and methodologies to be faster and safer and to deliver value of the highest quality.

On the basis of multiple large implementation projects and programs, we have created the Sollers Delivery Model, our proven implementation methodology. We help customers throughout the whole transformation process – starting with the Target Operating Model as a transformation plan from AS-IS to TO-BE, all the way to implementation projects and maintenance services.

We provide our customers with a conceptual framework for enterprise-level implementation projects, which helps in managing the complexity of the digital transformation to achieve bigger efficiency and business optimisation.

what-we-provide

Typical problems a core system modernisation enables you to solve

Instability of legacy systems that don’t support modern business models
Unacceptable time to market for new products and tariffs
Uncompetitive user and customer experience
High leakage and operating costs

Typical problems a core system modernisation enables you to solve

Limited access to cutting-edge digital technologies and real-time data
Low labour productivity in all areas of value chain
High IT cost of both maintenance and new feature development
Stymied scalability and inability to manage high business complexity

Each Client is a different story

Sales started within 5 months

An insurance greenfield startup started sales within 5 months;

we helped them implement a new core platform and an innovative

frontend, which won several market awards

Go-live 4 months ahead of schedule

A large-scale transformation of a P&C Insurer, including the implementation

of a new core platform, went live 4 months ahead of schedule

eliminating additional license costs for the customer.

The largest Agile transformation in Europe

A leading CEE Insurer with over 20m customers historically
struggled with flexibility and was losing market shares; we helped them
with the largest Agile transformation in history while implementing
a new core platform.

Every Client is a different story

New Line of Business within 6 months

A traditionally Life-focused insurer decided to set up P&C-insurance;

we helped them establish a new Line of Business within 6 months
by implementing a new core system and a frontend for bancassurance

within that timeframe.

Achieve 50% of sales from up- and cross-sell

We helped a consumer bank begin the sales of insurance products and
achieve 50% of sales from up- and cross-sell of the insurance products
with multiple business partners in 4.5 months.

Each insurance business is a subject to unique insurance regulations as well as local economic, political, cultural and technical influences.

With over 90 projects for more than 30 customers across the world we have built an in-depth understanding of country specific requirements in many markets.

We gather the knowledge about product construction, processes, local regulations, reporting standards, payment systems, data privacy and other compliance requirements, data exchange standards, industry specific integrations as well as integrations to other enterprise systems popular in the country.

We use Agile to iteratively deliver results for our customers. Lean approach helps us address the common challenges
we faced when helping clients transform their organisations.

Bronze

version

In the first, bronze version, we deliver only a Minimum Viable Product i.e. end-to-end “happy path” process, which allows to verify the concept against the market.

Silver

version

In the silver version, we enhance the end-to-end „happy path process” and add new main processes to accelerate the feedback loop from system users.

Gold

version

Then we deliver the gold version, which is a production-ready solution to address all must-have requirements, including regulatory ones.

Platinum

version

Finally, we deliver the platinum, fully fledged version with extensions, additional nice-to-have functionalities and automations.

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Core insurance systems

Core insurance systems

Core insurance systems in the Sollers portfolio

What do we provide to help with core system implementations?

Typical problems a core system modernisation enables you to solve

Typical problems a core system modernisation enables you to solve

Sollers approach to implementation

Technology & Market Insights

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